KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-14264

  1. 916 Posts.
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    Need to talk about this comment "at these low prices"

    It's important.

    Did you know since the last time it was "at these low prices" there has been a near tripling of the shares on issue. And that's not including whatever options for acquisitions, transactions or performance rights there are lurking around now as well.

    Based on the above I would estimate that the last time the price was "at these low prices", the market cap would've been about 20m or 25m at best. It's currently 60m. Not only does it appear somewhat expensive for where it is financially vs other micro caps, but in terms of needed scale, it also seems like the business has gone absolutely no where in that time. All I see is a tripling of cash burn, and addressing its idle capacity with a high turnover but only marginally profitable generic business acquired (which has just made things harder to analyse...).

    Up rampers are doing as much harm as good
    Down rampers are doing as much good as harm

    So trying to silence each other is pointless. Just let the readers decide.
 
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